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Morningstar

Alger Small Cap Growth I-2 AASOX

Morningstar Medalist Rating
Medalist Rating as of | See Alger Investment Hub
  • NAV / 1-Day Return 16.12  /  −0.86 %
  • Total Assets 145.8 Mil
  • Adj. Expense Ratio
    1.000%
  • Expense Ratio 1.000%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Small Growth
  • Investment Style Small Growth
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield —
  • Turnover 34%

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:12 PM GMT+0

Morningstar’s Analysis AASOX

Will AASOX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AASOX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AASOX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AASOX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Alger Small Cap Growth I-2’s Process Pillar rating is Average, but a strong management team still helps this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings AASOX

More AASOX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 28.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Manhattan Associates Inc

4.69 7.1 Mil
Technology

SPS Commerce Inc

4.34 6.6 Mil
Technology

Wingstop Inc

4.16 6.3 Mil
Consumer Cyclical

Magnolia Oil & Gas Corp Class A

3.30 5.0 Mil
Energy

Cash

3.18 4.8 Mil
Cash and Equivalents

Shake Shack Inc Class A

2.42 3.7 Mil
Consumer Cyclical

Bio-Techne Corp

2.35 3.6 Mil
Healthcare

Heico Corp

2.12 3.2 Mil
Industrials

Veeva Systems Inc Class A

1.97 3.0 Mil
Healthcare

Live Nation Entertainment Inc

1.82 2.8 Mil
Communication Services